Bloomberg Europe

Watch: Apple Pulls Plug on Electric Car Plans

Apple's Canceled Car Project Means AI and Headset Bets Are More Urgent

Investors and analysts applauded the move, which lets the firm avoid an increasingly perilous EV market.

The Apple Car’s Demise Is Both Good and Bad for EV Makers

Newsletter: Tech Daily

The Apple Car’s Demise Is Both Good and Bad for EV Makers

Apple Met With DOJ Antitrust Chief in Last-Ditch Bid to Avoid Expected Suit

Apple Car Erasure Offers Reprieve to Tesla and Its EV Rivals

OpinionDave Lee

So Long, Apple Car, We’ll Never Know What We Missed

Navalny — Alexander Nemenov/AFP/Getty Images

Navalny Funeral to Be Held Friday in Moscow Challenge to Putin

Why Putin Won’t Get His $300 Billion Back

Europe Must Ramp Up Defenses to Threats, Von Der Leyen Warns

Latest

Private Credit Boom

Why It’s Booming Banking Escapees Make Billions JPMorgan’s Trades

Flawed Valuations Threaten $1.7 Trillion Private Credit Boom — Patrick Leger

Flawed Valuations Threaten $1.7 Trillion Private Credit Boom

Fund managers in this red-hot asset class are often valuing their loans more generously than others do. Regulators are starting to worry.

Big Take: Private Credit’s Rise Is Raising Questions (Podcast)

Big Take: Private Credit’s Rise Is Raising Questions

Bloomberg Opinion

The funeral of the poet Victoria Amelina in Kyiv, July 2023. — SERGEI SUPINSKY/AFP

Bloomberg Opinion

The Heroism of Ukraine’s Dead Poets Society

The toll on the artistic community is high as creativity is caught between good and evil on both sides of the frontline.

By Howard Chua-Eoan, Columnist

OPEC+ Can Trade Short-Term Oil Pain for Long-Term Gain

By Javier Blas, Columnist

No Boots Required for Macron to Do ‘Whatever It Takes’ on Ukraine

By Marc Champion, Columnist

Stellantis’ ‘Frugal’ Boss Earns $40 Million. He’s Worth It.

By Chris Bryant, Columnist

Group of Seven (G7) Leaders Summit — Cole Burston/Bloomberg

Central Bankers Used to Keep Out of Politics. Not Any More

Policymakers are finding themselves staring down politicians in a high-wire contest for their independence

Related

Trump Team Targets European Union for Punishing Trade Steps

EU Lawmakers Warn ECB Risks Credibility If Inflation Isn’t Tamed

408167320 — Ryan McGill/Getty Images

How Much Wealth You Need to Join the Richest 1% Around the World

You’ll need about 15% more than a year ago to join the richest tier of Americans, a report finds.

Is Retirement Going to Be Just for the Rich? (Podcast)

Is Retirement Going to Be Just for the Rich?

JPMorgan Chase & Co. EMEA Chief Executive Officer Viswas Raghavan Interview — Jason Alden/Bloomberg

Citigroup's New Big Hire Is a No Nonsense, Hard-Charging Dealmaker

OpinionPaul J. Davies

Citigroup’s New Banking Chief Must Relish a Challenge

Bloomberg News Now

Listen to the latest news this hour: Michigan Wins, Home Purchases, More

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Latest

Call Center

Call-Center Firm Sinks on Klarna Claims AI Is Doing Agents’ Jobs

Call Center

General Views of Shanghai as China Stock Catalysts Seen Lacking as Economic Woes Run Deep

China Tells Quants to Phase Out Strategy Blamed for Turmoil

General Views of Shanghai as China Stock Catalysts Seen Lacking as Economic Woes Run Deep

A Tesla Roadster in 2011.

Elon Musk Hypes Tesla Roadster Again After Half Decade of Delay

A Tesla Roadster in 2011.

Bloomberg Businessweek

Hollywood Is Banking on Dune: Part Two to Revive the Blockbuster Experience — Niko Tavernise/Warner Bros.

Hollywood Is Banking on Dune: Part Two to Revive the Blockbuster Experience

Theater operators hope the science fiction sequel’s star power and epic visuals will draw viewers away from streaming—and persuade them to see more in-person films.

By Thomas Buckley

Can the Masters of Hipster Cringe Conquer Hollywood With Wall Street Cash?

More from this issue:

Can the Masters of Hipster Cringe Conquer Hollywood With Wall Street Cash?Mezcal Is Becoming a Victim of Its Own Success How Paramount Became a Cautionary Tale of the Streaming Wars

Can the Masters of Hipster Cringe Conquer Hollywood With Wall Street Cash?

Can the Masters of Hipster Cringe Conquer Hollywood With Wall Street Cash?

A24, the studio behind everything from Uncut Gems to Beef, has private equity backing, a $2.5 billion valuation and a newfound desire to go mainstream.

China’s Piano Dreams Are Fading for a Cash-Strapped Middle Class

Once a status symbol, the instrument is experiencing a double-digit drop in sales.

There’s One Musk Endeavor That’s Not Doing So Great

What happens when his formula for success goes wrong? On the latest episode of Elon, Inc., we explore the failings of the Boring Company.

Markets

Wealth Crypto Deals Odd Lots

A home for sale in Sacramento, California — David Paul Morris/Bloomberg

US Home-Buying Demand Nears Worst Since 1995 With Rates Above 7%

Binance to Lure Non-Crypto Traders With New VIP Program

Direct Line Rejects Ageas £3.1 Billion Takeover Bid, Sources Say

RBC Tops Estimates as Capital Markets Outperform Expectations

Holcim’s North American Spin Off Likely to Grow Faster, CEO Says

Bloomberg Originals

The Time Bomb in Empty Office Buildings

The Time Bomb in Empty Office Buildings

The Time Bomb in Empty Office Buildings

An Optimist’s Guide to the Planet, Episode 3: Regenerate

An Optimist’s Guide to the Planet, Episode 3: Regenerate

An Optimist’s Guide to the Planet, Episode 3: Regenerate

The Deal with Alex Rodriguez and Jason Kelly Trailer

The Deal with Alex Rodriguez and Jason Kelly Trailer

The Deal with Alex Rodriguez and Jason Kelly Trailer

An Optimist’s Guide to the Planet, Episode 2: Shelter

An Optimist’s Guide to the Planet, Episode 2: Shelter

An Optimist’s Guide to the Planet, Episode 2: Shelter

Technology

AI Cybersecurity Screentime Tech Daily Newsletter

Siam Commercial Bank Pcl Branches in Bangkok — Andre Malerba/Bloomberg

Biggest Thai Bank to Buy Home Credit Vietnam for $860 Million

African Data Center Firm Teraco to Build Out Giant Power Plant

Santander Online Bank to Offer AI-Based Price Targets for Stocks

Baidu’s Profit Halves After AI Spending Erodes Bottom Line

India Slowly Taking Export Market Share From China, Study Shows

Politics

Aircraft Displays At Singapore Airshow

Singapore To Acquire Eight F-35A Jets, Boost Defense Spending

Aircraft Displays At Singapore Airshow

Donald Trump

Trump Eyes $4 Billion Stock Windfall as His Legal Bills Pile Up

Donald Trump

407392733

Prince Harry Loses High Court Challenge Over Change to UK Security

407392733

Swedish soldiers during a military exercise near Stockholm on Feb. 27.

Sweden’s NATO Bid Likely to Slip Into Next Week at the Earliest

Swedish soldiers during a military exercise near Stockholm on Feb. 27.

Industries

Real Estate Energy Health Elon Inc. Podcast

Aircrew Protest as Airlines Step Up Demands To Ease Travel Curbs

UK Pilots Pushing For Double Digit Pay Increases as Summer Looms

Aston Martin Delays Its First Battery-Electric Vehicle by a Year

Reckitt Falls as Sales Drop Amid Easing Inflation

Beyond Meat Soars More Than 100% on Strong International Sales

Starbucks, Union Seek Path to Reach Collective Agreement

Explainers

US-POLITICS-ECONOMY-DEBT

What to Know About a Possible Government Shutdown Looming Over Congress

US-POLITICS-ECONOMY-DEBT

RF phone teen kids social media

Can Lawsuits Make Social Media Safer for Kids?

RF phone teen kids social media

POLAND-NATO-FINLAND-SWEDEN-DEFENCE

How Russia Pushed Finland and Sweden to Join NATO

POLAND-NATO-FINLAND-SWEDEN-DEFENCE

RF______Hacker working on laptop at night under blue light.

What’s Ransomware? A Hack That Means Your Money or Your Data

RF______Hacker working on laptop at night under blue light.

Green

New Energy Greener Living ESG Investing Zero Podcast

Range Energy Raises Funds to Build Electric Commercial Trailers — Image courtesy Range Energy

California Startup Has a Novel Solution to Clean Up Heavy-Duty Truck Emissions

Range Energy plans to sell electric trailers that can essentially turn diesel trucks into hybrids.

Wall Street Synthetic Risk Transfer Trade Gets Green Makeover

Climate Investors Warn the Right Is Winning the War on ESG

US, Philippines Pay Highest Economic Price for Climate-Fueled Weather

UK Subsidies for Fossil-Fuel Power Plants Swell to Record

Pursuits

Taylor Swift | The Eras Tour - Sao Paulo, Brazil

Marriott Offers Taylor Swift Concert Trips for 500,000 Points

Taylor Swift | The Eras Tour - Sao Paulo, Brazil

Tesla Cybertruck Review: It’s Weird. It’s Brash. It’s Not Bad.

Tesla Cybertruck Review: It’s Weird. It’s Brash. It’s Not Bad.

Tesla Cybertruck Review: It’s Weird. It’s Brash. It’s Not Bad.

Dune: Part Two Is Brutal, Barbaric and a Total Blast: Review

Dune: Part Two Is Brutal, Barbaric and a Total Blast: Review

Dune: Part Two Is Brutal, Barbaric and a Total Blast: Review

Freddie Mercury’s London Residence Lists at £30 Million

Freddie Mercury’s London Residence Lists at £30 Million

Freddie Mercury’s London Residence Lists at £30 Million

Economics

Inflation & Prices Indicators Central Banks Economics Daily Newsletter

Lorie Logan Makes Waves on Wall Street From Her Perch at the Dallas Fed — Shelby Tauber/Bloomberg

Lorie Logan Makes Waves on Wall Street From Her Perch at the Dallas Fed

Euro-Area Economic Confidence Unexpectedly Weakens on Services

India Says Red Sea Attacks Add Urgency to Mideast Trade Route

Thailand Boosts Spending After Central Bank Snubs Rate-Cut Call

Hong Kong Vows Return to Fiscal Balance as Deficit Surges

CityLab

Texas Installs Buoy Barrier On Rio Grande River To Deter Migrants

This Is Where New Migrants Are Going When They Reach the US

Texas Installs Buoy Barrier On Rio Grande River To Deter Migrants

Commuters As NYC Subway System Use Falls In Week

Key NYC Subway Repairs Put at Risk From Congestion Toll Lawsuits

Commuters As NYC Subway System Use Falls In Week

Economic Data Shows U.S. Economy Grew 3.1 Percent In 2023

Los Angeles Seeks Speedier Way to Build New Affordable Homes

Economic Data Shows U.S. Economy Grew 3.1 Percent In 2023

NYC MTA Ridership Falls 19% Short Of Budget Amid Shootings

NYC Subway Crime Drops 17% in February After Influx of Officers

NYC MTA Ridership Falls 19% Short Of Budget Amid Shootings

Work + Life

Work Shift Equality Business of Sports Newsletter

BURKINA-HEALTH-MEDICINE-MALARIA-OUTBREAK

Gates Charity Funds Research Into TB, Malaria Cure in Africa

AEP’s Top Boss Was Let Go. That Spotlights Shorter Tenures for Women CEOs

Hedge Fund Founder Says UK Migration Curbs Pose Risk to Economy

Food Insecurity in Zimbabwe Is on Par With War-Stricken Nations, Says WFP

South African President Nominates First Female Chief Justice

Markets Magazine

Surveillance 1 Lead

Top Investors Share the Toughest Lessons They Had to Learn

No one gets good at financial decision-making without taking the risk of being wrong and then figuring out how to adjust.

By Suzanne Woolley

The Errors Tour: How the Pros Bungled the End of Zero Interest Rates

More from this issue:

The Errors Tour: How the Pros Bungled the End of Zero Interest Rates A Pessimist’s Guide to Global Economic Risks in 2024 Bharara Once Jailed Wall Street Pros. Now He Helps Them Avoid Prison

Errors Tour 1A

The Errors Tour: How the Pros Bungled the End of Zero Interest Rates

A look at the ways forecasters, traders and executives missed the mark over the past two years. And at the lessons learned.

Where to Eat, Drink and Get on the Water on a Sydney Business Trip

A local’s guide to making the most of a visit to the financial hub Down Under

The Most Costly Investment Mistake You Can Make Is Easy to Avoid

Getting the size of a trade wrong can convert even a good idea into a bad bet.